zuckerberg

Zuckerberg mum on funding, ad network rumors

It's been a big week for Mark Zuckerberg.

First of all, the young Facebook founder and CEO finally turned 25. That was last Thursday. But more importantly for the tech rumor mill, he's had to deal with a fresh flurry of speculation: did the company really turn down a $200 million funding round at an $8 billion valuation? Has it raised $150 million specifically so that employees can cash out their stock?

Needless to say, in Zuckerberg's interview Tuesday at the Reuters Global Technology Summit, he didn't answer any of those questions concretely. His response to … Read more

Facebook valuation rumors swirling again

Everybody's playing the Facebook valuation game again, in light of persistent reports that the social network is in need of more cash to fuel its rapid and expensive global expansion.

The rumors aren't too surprising. Given the recession and the tough advertising climate, the numbers getting tossed around are some of the lowest we've seen recently.

Currently circulating: Facebook CEO Mark Zuckerberg rejected a fresh round of funding that would have valued the company at $4 billion. Another: one potential investor submitted a term sheet for a valuation in the neighborhood of $2 billion.

What we've … Read more

Facebook hits 200 million members, thinks charity

We knew Facebook was about to hit 200 million active users, but now it's official, per a post by founder and CEO Mark Zuckerberg on the company's official blog.

"We will welcome our 200 millionth user to Facebook some time today," wrote Zuckerberg, who's just over a month away from his 25th birthday. "Growing rapidly to 200 million users is a really good start, but we've always known that in order for Facebook to help people represent everything that is happening in their world, everyone needs to have a voice."

To commemorate … Read more

Facebook flick moves ahead, but Facebook not thrilled

I won't believe it for sure until we see grainy paparazzi shots of actor Michael Cera walking around on a movie set in a North Face fleece and Adidas flip-flops, but it looks like things are moving forward on the film based on the early days of Facebook.

And, Business Insider hears, Facebook may be warning former employees not to talk to people involved with the making of the movie.

This is consistent with something I heard last fall from an early Facebook employee who is no longer with the company. This former Facebooker said the company had told … Read more

Bursting at the seams, SXSWi confronts explosive growth

Conference attendance may be in a recession-fueled funk, but this week's South by Southwest Interactive in Austin, Texas, seems primed for a steep boost in turnout, one that will dwarf even last year's record numbers and challenge the throngs who stream into packed keynotes, panels, and parties.

If you were among the 9,000 people who crammed into the 2008 SXSWi, which had grown a rumored 80 percent over the 2007 edition, there's a good chance your experience included a series of over-capacity talks, endless lines for parties, and sardine-can hallways.

The 2009 edition of SXSWi may … Read more

Zuckerberg gets poked off Forbes billionaire list

A while back we predicted that Facebook founder Mark Zuckerberg was in danger of losing his title as the world's youngest billionaire due to the maddening ascent of teen diva Miley Cyrus. But, Forbes magazine says, Mark Zuckerberg, who's just shy of his 25th birthday, has indeed lost his title as the world's youngest billionaire--simply because he's not a billionaire anymore.

He's still fabulously wealthy, obviously, and clearly stands a chance of making it back onto the list. But his fortune is tied closely to Facebook's valuation, and with the worldwide recession in effect, … Read more

The 404 292: Where Caroline McCarthy bears her graptolite to The 404

Caroline McCarthy makes her triumphant return to The 404 and shows us her nerdy tattoo. It's way hot! Buzz Out Loud's Natali Del Conte and Justin Yu get back from their sweet honeymoon. Natali changed her name to Mrs. Natali Yu Conte. You'll see this change on her next appearance on the "CBS Early Show".

On today's show, we talk about Facebook's new redesign and how it will take over the Internet. Mark Zuckerberg apparently is not as awkward in person as he is on camera--though he's gotten nothing on Jimmy Fallon when it comes to nervousness. In addition, we've got some guilty pleasures including the "Mac Bong." Listen to today's show to find out why that has nothing to do with marijuana. And Best Buy tries to sell you busted cameras.

As always thank you for your voice mails and e-mails to the public. We're getting flooded with them, and we love it! 1-866-404-CNET (2638) or the404 [at] cnet [dot] com. Major props to brisbanelistener for putting up the Google Knol replacement for our Wikipedia page and for the greatest "Knol is Australian for beer" joke ever. Finally, today is the last day you can call in for our House of the Dead: Overload for the Nintendo Wii giveaway! We're still looking for a show motto, and the consensus is that we're either "The podcast of the future" or "The nerdy dirty." Entries welcomed.

Episode 292 Download today's podcast… Read more

Podcast: Watchdog on Facebook's democratic foray

Facebook CEO Mark Zuckerberg announced on February 26 that, from now on, the company will post proposed changes to its terms of service and other policies for member input.

If more than 7,000 people comment, the policy will be put to a vote, and the result "will be binding, if more than 30 percent of all active registered users vote."

Based on Facebook's current 175 million user base, that's nearly 53 million people, which makes it questionable whether the company will ever get sufficient voter turnout.

CBS News and CNET Technology analyst Larry Magid discuss … Read more

What Facebook's democratic gesture might mean

Facebook's decision to open up its policy making to user input is a very nice gesture but it's not exactly on par with the American revolution or the fall of the Berlin Wall.

Facebook CEO Mark Zuckerberg announced on Thursday that from now on the company will post proposed changes to its terms of service and other policies for member input. If more than 7,000 people comment, the policy will be put to a vote and the result "will be binding if more than 30 percent of all active registered users vote." Based on Facebook's current 175 million user base, … Read more